02.03.2012 - Brazil slams rich countries over 'currency war'
Brazilian President Dilma Rousseff slammed rich nations on Thursday for unleashing a "tsunami" of cheap money that threatened to "cannibalize" poorer countries such as her own, forcing them to act to protect struggling local industries. Rousseff's words amounted to some of the highest-profile criticism to date of efforts by the European Central Bank, the Bank of Japan and others to spur their economies through low interest rates and cheap loans.................................................Full Article: Source
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